 Download |
|
CHANGES IN PROPERTY, PLANT AND EQUIPMENT |
| |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|
€ million |
Land, land rights and buildings, including buildings on third-party land |
Technical equipment and machinery |
Other equipment, operating and office equipment |
Payments on account and assets under construction |
Total | |||||
|
Cost Balance at |
17,314 |
28,686 |
36,166 |
3,032 |
85,199 | |||||
|
Foreign exchange differences |
428 |
749 |
545 |
157 |
1,879 | |||||
|
Changes in consolidated Group |
207 |
113 |
56 |
12 |
388 | |||||
|
Additions |
347 |
908 |
2,117 |
2,261 |
5,634 | |||||
|
Transfers |
263 |
967 |
975 |
–2,234 |
–29 | |||||
|
Disposals |
75 |
1,092 |
1,292 |
63 |
2,522 | |||||
|
Balance at |
18,485 |
30,331 |
38,568 |
3,164 |
90,548 | |||||
|
Depreciation and impairment Balance at |
8,454 |
22,018 |
30,237 |
45 |
60,755 | |||||
|
Foreign exchange differences |
127 |
474 |
434 |
3 |
1,038 | |||||
|
Changes in consolidated Group |
43 |
12 |
20 |
– |
75 | |||||
|
Additions to cumulative depreciation |
583 |
1,818 |
2,319 |
11 |
4,731 | |||||
|
Additions to cumulative impairment losses |
0 |
56 |
369 |
26 |
451 | |||||
|
Transfers |
0 |
0 |
–1 |
– |
–1 | |||||
|
Disposals |
56 |
1,012 |
1,249 |
1 |
2,319 | |||||
|
Reversal of impairment losses |
– |
0 |
– |
–29 |
–29 | |||||
|
Balance at |
9,151 |
23,366 |
32,128 |
55 |
64,701 | |||||
|
Carrying amount at |
9,334 |
6,965 |
6,440 |
3,109 |
25,847 | |||||
|
of which assets leased under finance lease contracts Carrying amount at Dec. 31, 2010 |
152 |
87 |
9 |
– |
249 | |||||
Options to purchase buildings and plant leased under the terms of finance leases exist in most cases, and are normally exercised. Interest rates on the leases vary between 2.0% and 11.0%, depending on the market and the date of inception of the lease.
Future finance lease payments due, and their present values, are shown in the following table:
| Download |
|
|
|
|
|
| ||||
|
€ million |
2011 |
2012 – 2015 |
from 2016 |
Total | ||||
|---|---|---|---|---|---|---|---|---|
|
Finance lease payments |
31 |
144 |
104 |
279 | ||||
|
Interest component of finance lease payments |
5 |
13 |
1 |
19 | ||||
|
Carrying amount/present value |
26 |
131 |
103 |
260 |
| Download |
|
CHANGES IN PROPERTY, PLANT AND EQUIPMENT |
| |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|
€ million |
Land, land rights and buildings, including buildings on third-party land |
Technical equipment and machinery |
Other equipment, operating and office equipment |
Payments on account and assets under construction |
Total | |||||
|
Cost Balance at |
18,485 |
30,331 |
38,568 |
3,164 |
90,548 | |||||
|
Foreign exchange differences |
–106 |
–292 |
–165 |
–13 |
–576 | |||||
|
Changes in consolidated Group |
2,764 |
942 |
344 |
174 |
4,224 | |||||
|
Additions |
516 |
1,161 |
2,402 |
3,780 |
7,859 | |||||
|
Transfers |
491 |
834 |
1,068 |
–2,461 |
–68 | |||||
|
Disposals |
150 |
1,445 |
681 |
29 |
2,304 | |||||
|
Balance at |
22,000 |
31,531 |
41,537 |
4,616 |
99,684 | |||||
|
Depreciation and impairment Balance at |
9,151 |
23,366 |
32,128 |
55 |
64,701 | |||||
|
Foreign exchange differences |
–36 |
–208 |
–151 |
–2 |
–396 | |||||
|
Changes in consolidated Group |
9 |
1 |
12 |
– |
22 | |||||
|
Additions to cumulative depreciation |
625 |
1,710 |
2,571 |
11 |
4,917 | |||||
|
Additions to cumulative impairment losses |
10 |
17 |
367 |
6 |
399 | |||||
|
Transfers |
14 |
–13 |
18 |
–19 |
–1 | |||||
|
Disposals |
64 |
1,103 |
640 |
1 |
1,807 | |||||
|
Reversal of impairment losses |
– |
–56 |
0 |
–12 |
–68 | |||||
|
Balance at |
9,710 |
23,714 |
34,305 |
39 |
67,767 | |||||
|
Carrying amount at |
12,290 |
7,818 |
7,232 |
4,577 |
31,916 | |||||
|
of which assets leased under finance lease contracts Carrying amount at Dec. 31, 2011 |
190 |
69 |
7 |
– |
266 | |||||
Options to purchase buildings and plant leased under the terms of finance leases exist in most cases, and are normally exercised. Interest rates on the leases vary between 2.1% and 11.0%, depending on the market and the date of inception of the lease.
Future finance lease payments due, and their present values, are shown in the following table:
| Download |
|
|
|
|
|
| ||||
|
€ million |
2012 |
2013 – 2016 |
from 2017 |
Total | ||||
|---|---|---|---|---|---|---|---|---|
|
Finance lease payments |
88 |
241 |
232 |
562 | ||||
|
Interest component of finance lease payments |
44 |
86 |
89 |
220 | ||||
|
Carrying amount/present value |
44 |
156 |
143 |
343 |
For assets leased under operating leases, payments recognized in the income statement amounted to €794 million (previous year: €630 million). With respect to internally used assets, €690 million of this figure is attributable to minimum lease payments and €7 million to contingent lease payments. The payments of €97 million under subleases primarily relate to minimum lease payments.
Government grants of €530 million (previous year: €167 million) were deducted from the cost of property, plant and equipment, and noncash benefits received amounting to €1 million (previous year: €32 million) were not capitalized as the cost of assets.
